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Latin Times
Latin Times
National
Rocío Magnani

Coast to Coast: Unveiling the middle-class income benchmarks in Florida, Texas, and California

Over the past decade, the middle-class household income requirement has risen by 41.67%. (Credit: Freepik)

The income required for households to be considered middle-class in California, Texas and Florida, three of the states with the largest Latino populations in the U.S., varies significantly and has steadily increased over the years. Concretely, it has done so by 41.67%, according to a recent report by personal finance outlet GOBankingrates.

The document shows that, while a household income of $35,364 was enough for a household to reach the threshold on average in 2012; the figure increased to $50,099 ten years later.The outlet defined "middle class" as those with an annual household income that is two-thirds to twice the median income.

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